Self-Driving Truck Market Global Opportunity Analysis and Industry Forecast, 2020-2025
Pages : 130 Publish Date: Mar 2018
Self-Driving Truck Market
“ North America is expected to dominate the global self-driving truck market during the forecast period. In addition, in 2020, China is also projected to remain dominant in the Asia-Pacific market. Similarly, the U.S. is anticipated to dominate the market in North America, whereas the UK is anticipated to lead in Europe in 2020. �
Chandani Poddar & Supradip Baul Lead Analysts, Automotive & Transportation at AMR
Self-Driving Truck Market Overview • The Global Self-Driving Truck Market was valued at $1,004 million in 2020, and is projected to reach at $1,669 million by 2025, growing at a CAGR of 10.4% from 2020 to 2025. At present, North America dominates this market. In 2020, China is expected to register the highest growth in Asia-Pacific. Similarly, the UK is expected to lead the overall market in Europe in 2020. In the same year, the U.S. is estimated to dominate the North American market. • The self-driving trucks are fully electric, and hence use significantly less gas and energy compared to conventional trucks. This in turn helps reduce the pollution, which majorly drives the growth of the market. Moreover, increase in awareness toward the consequences of air pollution and rise in levels of exposure to traffic & noise drive the adoption of self-driven trucks.
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Self-Driving Truck Market Key Benefits
• Level one is expected to generate the highest revenue in 2020. • In 2020, the construction & manufacturing segment is projected to account the highest revenue in the self-driving truck market. • Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Self-Driving Truck Market
Self-Driving Truck Market By Geography
Top Impacting Factors
Key Players In Industry • • • • • • • • • •
BMW AG Isuzu Motors Limited General Motors Otto motors AB Volvo Daimler AG Tesla Waymo Toyota Volkswagen
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Self-Driving Truck Market Segments • By Level of Autonomy • • • • Self-Driving Truck Market
Level One Level Two Level Three Level Four
• By Industry Vertical • Logistics • Construction & Manufacturing • Mining • Port
Self-Driving Truck Market By Geography North America, Europe, Asia-Pacific, LAMEA
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